Peabody is just a stones through away from Ch11 if Elliott choose. So Elliott are in a position to negotiate and secure the Australian assets. Now their new Elliot/Thiess vehicle are already mining contractors at several Peabody operation. Taking over the Peabody Australia business unit is not a big step. I see lots of upside here for CIM. Could be a spin off, or just a different business model for Thiess.
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